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Old 8 December 2019, 01:04 AM   #61
RussW
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I appreciate your thoughts Russ ! And you have a point that watchprosite is more niche. But than again, isn't patek niche ?

The popularity of th e 5711 is something that started only a couple of years ago and I dare to say social media started it. Now when did Instagram really start growing ? 5 years ago ? coincidence it's about the same as the nautilus hype started ?

I think it's a first step to get to learn Patek. Those new watch enthusiast are just discovering haute Horlogerie . Just like a lot of us probably started long ago with a steel submariner or GMT. Only years later you widen your knowledge and start looking at other brands and complications.
Now once again , nothin wrong with a 5711, love mine too but a 5070 is really something different.
There is a reason why AT LIST the one costs less than 40% to the other.

Aurel bacs has an opinion just like many others. I think a reverso, a speedmaster a Tank and many others have an even perfect design, its just a matter of taste.

Don't know what happened at that auction and don't know it the watch was complete and in what condition it was but I feel confident to say a 5070 R or G sells for 60 tot 65 K EURO if its complete and good condition.
Good points Bruno, and it’s interesting re the evolution of a watch collector. I think we’re all on a journey here, and when I first got into Patek I saw the PCC as being my grail, but now prefer something simpler - not sure there’s very much I’d rather have than my 5990, other than maybe a 5370 or 5740. Some people even go full circle back to Rolex.

BTW - would be good to see you posting here a little more often. You don’t want to be part of the IG crowd
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Old 8 December 2019, 01:58 AM   #62
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Funny thing is that you are posting this question with the optimistic assumption that you can get a good offer price for the 5070R in a timely fashion. Truth of the matter is that the only question here is if you want a let go your 5711 or not.
5070R number produced pieces is low but the market for it is also small.
Don't let the go 5070R for peanuts.
So my advise is if you get a good offer on the 5070R then sell it otherwise sell 5711.
Good luck
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Old 8 December 2019, 02:24 AM   #63
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and I think if I would post the same question on watchprosite.com the Nautilus would make no chance. You just can't compare these 2

Don't get me wrong, I like this forum and I'm here sincee 15 years or so but it's mainly a ROLEX / SPORTSWATCH forum while the Patek forum on watchprosite is .... sorry to say, a lot better

Again, I have both and other Patek but a 5711 and 5070 just can't be compared. In fact, I'll make the poll on watchprosite and let's see the results



https://www.watchprosite.com/patek-p...46.11344936/0/


BTW, I would rater sell my 5711P than the 5070R !!
I've been on that site and it is certainly not better, they may have more of a dress piece bent and that is fine, just as TRF is obviously more sports based, but its really just a yes/no forum, hardly any discussions unlike this place which often has pages and pages, actually it is quite like Insta that way. I'm not a huge fan of many of the Insta and money guys coming over here but it is better than just being a very narrow echo chamber.
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Old 8 December 2019, 06:55 AM   #64
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A few points of my own to further validate Bruno:
- real market for good condition 5070 is €60k - more if NOS - P totally different.
- don’t forget that the 5070 has climbed in price spectacularly too. It’s list price was if I recall correctly back in 1998 as little as £18k GBP. The J has made a real comeback as well. Overall it’s done what the 5711 did and held it’s value for far longer. Less likely to be a fad.
- the 5711 has always traded above MSRP. The premium exploded in the last 2 years however.


Back to O/P - Very best of luck. Let us know what you decide!
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Old 8 December 2019, 09:13 AM   #65
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Thank you for your thoughts

Quote:
Originally Posted by JorgeCCW View Post
Funny thing is that you are posting this question with the optimistic assumption that you can get a good offer price for the 5070R in a timely fashion. Truth of the matter is that the only question here is if you want a let go your 5711 or not.
5070R number produced pieces is low but the market for it is also small.
Don't let the go 5070R for peanuts.
So my advise is if you get a good offer on the 5070R then sell it otherwise sell 5711.
Good luck
Muchisimas gracias,

Well, I don't understand from where you've got the impression this was a sale pitch, or pre-sale as you might suggest. Well, thinking twice, you've affirmed that as a fact -- please forgive me if I misunderstood you.

I do reckon this type of sales pitch could be quite common nowadays, though

I am a person that has much bigger dreams than resources, it seems. It's not easy to let things you really like go.

best

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Old 8 December 2019, 09:34 AM   #66
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Thank you so much, all of you guys ! Super nice, plenty of ideas!

Quote:
Originally Posted by Murcielagoboy2 View Post
A few points of my own to further validate Bruno:
- real market for good condition 5070 is €60k - more if NOS - P totally different.
- don’t forget that the 5070 has climbed in price spectacularly too. It’s list price was if I recall correctly back in 1998 as little as £18k GBP. The J has made a real comeback as well. Overall it’s done what the 5711 did and held it’s value for far longer. Less likely to be a fad.
- the 5711 has always traded above MSRP. The premium exploded in the last 2 years however.


Back to O/P - Very best of luck. Let us know what you decide!

Thank you, again!

Well, Mr Batman , you've got my dilemma.

When the trend was bound to let the 5070R go, you've came with beautiful words about it, which I really agree with.

Both watches are super nice, love them.

So, my decision is, for now, keeping both, and rent a MH ...


Just fyi - and please bear with me if this was too much of talking already - but when I came to see one MH , I have told the owner about my idea of selling one watch to buy his coach.

You won't believe his face, he couldn't avoid asking what kind of watch could it possibly be??

It's kind of funny how we give value to things -- how could such small amount of gold buy such much more resourceful equipment like a motorhome, that can carry you to distances , and even suitable for living in it ...


Well, guess it's not this time I could understand fully what I have just said ...

best
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Old 8 December 2019, 10:00 AM   #67
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Muchisimas gracias,



Well, I don't understand from where you've got the impression this was a sale pitch, or pre-sale as you might suggest. Well, thinking twice, you've affirmed that as a fact -- please forgive me if I misunderstood you.



I do reckon this type of sales pitch could be quite common nowadays, though



I am a person that has much bigger dreams than resources, it seems. It's not easy to let things you really like go.



best





Just stating the facts , it’s what it is.
That’s the market, I don’t make the rules
Good luck


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Old 8 December 2019, 12:31 PM   #68
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Just stating the facts , it’s what it is.
That’s the market, I don’t make the rules
Good luck


Sent from my iPhone using Tapatalk
Jorge, I'm not talking about the values, but you affirmed that I was doing a sales pitch, as I could understand so from your first paragraph.

It's not the case, believe me.

best
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Old 8 December 2019, 12:35 PM   #69
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5711

Wearable as a daily, all day everyday. Hard to beat.
Greatest SS sports watch ever made.

Greatest hurdle that the 5711 encounters is to resign oneself to enjoying it as a daily... at that point the watch will bring you tremendous satisfaction.

After selling ~30 watches in my evolution, the 5711 is the only one I miss and would consider owning again.
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Old 8 December 2019, 12:38 PM   #70
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Jorge, I'm not talking about the values, but you affirmed that I was doing a sales pitch, as I could understand so from your first paragraph.

It's not the case, believe me.

best
I just google what sales pitch means (didn’t have a clue) , and it says that something you post so persuade the public to buy something. I guess you learn something new everyday. That’s not why are we here, to plant some researched scam , really ?
I just said what would happen if you put on sale a 5070R (obviously less market ) and that it’s easier to sell 5711
Sorry I commented on your post, I won’t again
Good luck with whatever you end up doing
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Old 8 December 2019, 01:49 PM   #71
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I just google what sales pitch means (didn’t have a clue) , and it says that something you post so persuade the public to buy something. I guess you learn something new everyday. That’s not why are we here, to plant some researched scam , really ?
I just said what would happen if you put on sale a 5070R (obviously less market ) and that it’s easier to sell 5711
Sorry I commented on your post, I won’t again
Good luck with whatever you end up doing
No need to be sorry, just a misunderstanding! You're a gentlemen and it would be always a pleasure to have your opinions.

best
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Old 8 December 2019, 08:03 PM   #72
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The greatest watch ever is the 5522....according to TRFer Codecow who hasnt posted for aggggeees
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Old 8 December 2019, 09:47 PM   #73
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The greatest watch ever is the 5522....according to TRFer Codecow who hasnt posted for aggggeees
I was convinced Louis was trolling and then he kept it up so long I am unsure if he was serious or not.
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Old 8 December 2019, 10:10 PM   #74
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I was convinced Louis was trolling and then he kept it up so long I am unsure if he was serious or not.
Ha ha I thought the same
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Old 10 December 2019, 04:15 AM   #75
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Thank you so much, all of you guys !

For all that answered and also for those that just read it, I'd like to thank you.

As I said, I'll keep both for now, as I still love them. Just don't wear them and that's the origin of my doubt.

Apparently, 5711 would be the winner to sell bc the inflation.

5711/1A is indeed a lovely piece anyway, but I feel that 5711 prices are super high for the piece . Also, as it is already noted on other threads, the asking prices are getting a hit apparently.

IMHO, all this mess or the majority of it might be put onto dealers shoulders -- they always try to get as much as possible and demand versus availability becomes distorted - kind of TULIPE effect, as Bruno once said about Panerai ( and I believe he was right).

I can't figure out how many people really love 5711 because the watch per se, or because the hype. Still, owners of 5711 are not complaining....


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Old 10 December 2019, 05:37 AM   #76
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Take it for what it is
But on WatchProSite
46 would keep the 5070 and 6 would keep the 5711
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Old 10 December 2019, 07:15 PM   #77
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Take it for what it is
But on WatchProSite
46 would keep the 5070 and 6 would keep the 5711
Bruno that doesnt surprise me at all. Different forums. TRF is very much sports watch orientated. I dont think you would even be allowed to say the 5070 sucks on WP.....you would have to state that it's a wonderful watch but not to your personal taste at this.moment in time. I think even if you compared a 5070P to the original 5711P it will lean to 5070P. Regards
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Old 11 December 2019, 01:01 AM   #78
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Bruno that doesnt surprise me at all. Different forums. TRF is very much sports watch orientated. I dont think you would even be allowed to say the 5070 sucks on WP.....you would have to state that it's a wonderful watch but not to your personal taste at this.moment in time. I think even if you compared a 5070P to the original 5711P it will lean to 5070P. Regards
Lean? It would be an avalanche! (as well it should)

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Old 11 December 2019, 01:29 AM   #79
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Lean? It would be an avalanche! (as well it should)

Not according to the broader market. Take both to auction and find out.
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Old 11 December 2019, 01:38 AM   #80
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Not according to the broader market. Take both to auction and find out.
I'll take your word for it.

Personally I don't care much for either and have no idea how "broad" the market is for these, though based on price I'd suspect it's rather limited.

Of course in the auction format you suggest, it only takes 2.
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Old 11 December 2019, 01:43 AM   #81
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Lean? It would be an avalanche! (as well it should)

The 5070J was about £19000 in 1995 and probably £50 000 today. The 5711P today new is circa $100k and will easily achieve $340k at auction. The 5070P is iconic based on that blue dial and 1 year production run. So a guess is 250 in existence. The 5711P nobody really knows but they definately seen far less on preowned market. I am a pleb...and not nostalgic....I certainly dont want a vintage PP at 35mm no matter how scarce it is
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Old 11 December 2019, 01:52 AM   #82
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The 5070J was about £19000 in 1995 and probably £50 000 today. The 5711P today new is circa $100k and will easily achieve $340k at auction. The 5070P is iconic based on that blue dial and 1 year production run. So a guess is 250 in existence. The 5711P nobody really knows but they definately seen far less on preowned market. I am a pleb...and not nostalgic....I certainly dont want a vintage PP at 35mm no matter how scarce it is
Ichiran might since he has small wrist and fits girls watches ;)
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Old 11 December 2019, 02:31 AM   #83
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I'll take your word for it.



Personally I don't care much for either and have no idea how "broad" the market is for these, though based on price I'd suspect it's rather limited.



Of course in the auction format you suggest, it only takes 2.


I hear you. The gist of it is that the 5711P was likely made in smaller numbers and secondary is around double that of the 5070P. Just the markets bias for sports watches.
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Old 12 December 2019, 02:01 AM   #84
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Weep
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Old 12 December 2019, 02:02 AM   #85
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I hear you. The gist of it is that the 5711P was likely made in smaller numbers and secondary is around double that of the 5070P. Just the markets bias for sports watches.
Weep more
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Old 12 December 2019, 02:25 AM   #86
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Weep more
Wow and that's the tombstone. OG much better.
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Old 12 December 2019, 03:53 AM   #87
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Theres 2 people with a tombstone here
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Old 12 December 2019, 04:02 AM   #88
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[QUOTE=Fat_ninja;10195646]Theres 2 people with a tombstone here[/QUOTE

only 2?
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Old 12 December 2019, 05:14 AM   #89
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Lean? It would be an avalanche! (as well it should)

From philipps latest auction.
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Old 12 December 2019, 08:44 AM   #90
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From philipps latest auction.
The absurdity is mystifying.
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